Facebook’s initial public offering is due in 2012 since the company announced its giant funding round from Goldman Sachs at the start of this year. At that point, the company said in a press release that it ”expected to pass 500 shareholders at some point in 2011, and therefore expects to start filing public financial reports [...]

Facebook has begun building a data center in Lulea, Sweden, where it will benefit from cheap electricity and year-round free air cooling, the company announced Thursday. Lulea is on the edge of the Arctic Circle, and has a mean annual temperature of around 1 C, with average summer highs of around 20 C, allowing Facebook [...]